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...YORK, Feb. 13--The second dock strike in three months today held tight grip on Atlantic ports from Maine to Virginia. Mile upon mile of busy waterfront subsided to almost ghostlike silence...

Author: NO WRITER ATTRIBUTED | Title: Revamped Resolution on Mideast Approved by Senate Committees; Strike Paralyzes Eastern Ports | 2/14/1957 | See Source »

...grip last week of an oil-production shortage that kept it from shipping enough oil to Europe and reduced domestic reserves to dangerously low levels. On its post-Suez promise to deliver 500,000 bbls. of crude oil daily to Europe, the U.S. has thus far made good on an average of less than 300,000 bbls. daily. To make the situation worse, much of the oil has come from U.S. reserve stocks, which have dropped from 284 million bbls. to 254 million bbls. since the beginning of November, and are now below the minimum set by the Interior Department...

Author: /time Magazine | Title: THE OIL SHORTAGE | 2/11/1957 | See Source »

Working out its new policy for the Middle East, the U.S. has sighted on Saudi Arabia's King Saud as a Middle East ruler with a close grip on reality. How close the grip and how important the ally was intimated when President Eisenhower announced that in welcoming Saud to Washington this week for a three-day state visit, he would depart from his long-standing custom. Instead of greeting the King on the White House steps as he has done in the past with other chiefs of state, Ike will go to Washington's National Airport, welcome...

Author: /time Magazine | Title: National Affairs: Salute to Saud | 2/4/1957 | See Source »

...branched into iron and gold mines, newspapers and film companies (Greta Garbo got her first job as an extra in a Kreuger-financed film). Up to this time, Kreuger was an aggressive industrialist, but not the dishonest manipulator he later became. Yet he was in the grip of a grandiose passion-to make and sell every match in the world. He had always thought of himself as a superman, and in 1922 he had a superidea. He would personally shore up the tottering, post-World War I governments of Europe with loans, in return for match monopolies...

Author: /time Magazine | Title: Books: World's Greatest Swindler | 1/28/1957 | See Source »

...Hearings "Few, if any, of us doubt," said Secretary of State John Foster Dulles, explaining the Eisenhower Middle East resolution before the House Foreign Affairs Committee, "that it would be a major disaster if that area were to fall into the grip of international Communism ... No single formula will solve all the problems of the Middle East. They will have to be attacked in a variety of ways . . . But the evolution of events now requires us to add this new element to reinforce our other actions in the area...

Author: /time Magazine | Title: National Affairs: The Hearings | 1/21/1957 | See Source »

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